Studio · 491 sqftPrive by Damac Tower B, Business Bay · 10th floor · completed 2019

1007, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 30 April 2026
Last soldAED 1.12M23 April 2014
Current rentAED 40K /yr30 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Prive by Damac Tower B

What is 1007 worth today?

Last sold for AED 1,124,200 in 2014

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30 Apr 2026RentedNew contract
AED 40,000/yr12 months · AED 81 per sqft
29 Nov 2025RentedNew contract
AED 98,400/yr12 months · AED 200 per sqft
25 Nov 2024RentedNew contract
AED 80,000/yr12 months · AED 162 per sqft
6 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 162 per sqft
8 Aug 2023RentedRenewal · flagged as an outlier
AED 10,043/yr15 months · AED 20 per sqft
8 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 101 per sqft
8 Aug 2021RentedNew contract
AED 47,000/yr12 months · AED 96 per sqft
23 Apr 2014Sold by developerOff-plan
AED 1,124,200AED 2,290 per sqft

Source: Dubai Land Department. Updated 30 April 2026.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
10th of 32
Parking
P2-109
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.12M · April 2014

About 1007, Prive by Damac Tower B

1007 is a studio of 491 sqft on the 10th floor of Prive by Damac Tower B, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. The developer sold it on 23 April 2014 for AED 1,124,200, or AED 2,290 per sqft, 11% below the AED 2,579 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 30 April 2026, is AED 40,000 a year: a gross yield of 3.6% on the 2014 price.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Prive by Damac Tower B
1M2014201820222026Typical sale price by year: 2014 AED 1,100,100; 2015 AED 1,179,750; 2016 AED 966,000; 2017 AED 1,072,000; 2018 AED 612,500; 2019 AED 924,444; 2020 AED 729,000; 2021 AED 745,000; 2022 AED 825,000; 2023 AED 945,000; 2024 AED 1,010,000; 2025 AED 1,050,000; 2026 AED 930,000Sold by developer, April 2014: AED 1,124,200 (AED 2,290 per sqft)

1007 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, each contractTypical studio in Prive by Damac Tower B
50K100K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,000; 2022 AED 60,000; 2023 AED 66,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 65,000New contract, August 2021: AED 47,000 a yearNew contract, August 2022: AED 50,000 a yearNew contract, November 2023: AED 80,000 a yearNew contract, November 2024: AED 80,000 a yearNew contract, November 2025: AED 98,400 a yearNew contract, April 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Prive by Damac Tower B, and where 1007 sits

All 401 studios →

1007 last sold in April 2014 at AED 2,290 per sqft, 11% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,579). Over the last 12 months studios sold for AED 425,000 to 1,250,000, around AED 2,241 per sqft, and rent for AED 40,000 to 120,000 a year. 1007's AED 40,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026920,000
19 Oct 2026920,000
15 Oct 2026888,000
14 Oct 20261,000,000
38 studio sales in the last 12 months

Prive by Damac Tower B

Building

526 apartments, studios to 2-bed over 32 floors in Business Bay, completed in 2019 by Namaa Properties Development. 47 sold in the last 12 months.

Typical price per sqft
AED 2,227 Down 6.4%
Typical sale
AED 1.02M
Typical rent
AED 75K /yr
Typical yield
6.6%
Prive by Damac Tower B, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 526 units in Prive by Damac Tower B
Value
10011-bedAED 2.24M · Apr 2014
1002StudioAED 983K · Apr 2014
1003StudioAED 953K · Apr 2014
1004StudioAED 887K · Apr 2014
1005StudioAED 1.03M · Apr 2014
1006StudioAED 1.09M · Apr 2014
10082-bedAED 3.22M · Apr 2014
1–7 of 16

1007, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 23 April 2014 for AED 1,124,200, or AED 2,290 per sqft.
  • Rented since August 2021 on 7 Ejari contracts. The rent fell from AED 47,000 to AED 10,043 in 2023 and recovered to AED 40,000 by April 2026.
  • At AED 40,000 a year the gross yield on the 2014 price is 3.6%.
  • Studios in Prive by Damac Tower B sold for AED 425,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,227 per sqft.

Source: Dubai Land Department. Updated 30 April 2026.

Questions about 1007, Prive by Damac Tower B

What did unit 1007 last sell for?

AED 1,124,200 on 23 April 2014, sold by the developer: AED 2,290 per sqft for 491 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 40,000 a year on the contract signed on 30 April 2026. The previous contract, from November 2025, was AED 98,400; the unit has been rented since August 2021.

How big is unit 1007?

491 sqft (45.6 sqm): a studio on the 10th floor of a 32-storey tower completed in 2019.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Prive by Damac Tower B sold for AED 425,000 to 1,250,000 in the last 12 months, around AED 2,241 per sqft.

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Mortgage on 1007, Prive by Damac Tower B

Starts from the last sale price (AED 1.12M, 23 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,124,200
Deposit, UAE resident (20%)
AED 224,840
Deposit, non-resident (40%)
AED 449,680
Monthly over 25 years at 3.7%
AED 4,599

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →